CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70.91% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing all your money. Read full risk warning.

Dollar - Canadian Dollar Analysis

US Session Analysis for CFD Instruments 21/10/2021

Fundamental analysis

21 October, 2021

The USD/CAD pair climbed higher on Thursday. It is 1.23302 at lunchtime in Europe. Canada will report its ADP Nonfarm Payroll Change numbers and its New Housing Price Index for September later today. The United States will release Initial Jobless Claims for the past week and the Philadelphia Fed Manufacturing Index for October this afternoon.

Technical analysis

Dollar - Canadian Dollar Analysis Technical analysis 21/10/2021
Time Frame: 1 hour

USDCAD Support & Resistance Table - 21/10/2021

Support & Resistance Level Explanation
Resistance 2 1.2376 Daily R2
Resistance 1 1.2356 Daily R1
Support 1 1.2304 Daily S1
Support 2 1.2285 Daily S2

USDCAD Indicator Table - 21/10/2021

Indicator Signal
SMA 20 Sell
SMA 50 Sell
SMA 100 Sell
MACD( 12;26;9) Sell
RSI (14) Buy
Stochastic ( 9;6;3) Buy

USDCAD Indicator / Period Table - 21/10/2021

Indicator / Period Day - SellWeek - SellMonth - Sell
MACD( 12;26;9) Sell SellSell
RSI (14) Buy SellSell
SMA 20 Sell SellSell

USDCAD 21/10/2021 - Reference Price : 1.2336

Sell
Simple Moving AverageBuy (0)Sell (3)
Technical Indicators - OscillatorsBuy (2)Sell (1)
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US Dollar - Canadian Dollar Chart
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